MEYER Floating Solutions and Sea Technology Partner to Deliver Large-Scale Floating Terminals for Global Port Challenges

Turku, Finland – September 17, 2025  – MEYER Floating Solutions Ltd. and Sea Technology International AB have announced a strategic partnership to develop and deliver a new generation of large-scale floating terminal infrastructure, offering ports, terminal operators, regions and other stakeholders around the world a scalable, relocatable, and deployable solution to meet growing operational demands.

The collaboration brings together Sea Technology’s STFT platform, a modular floating  terminal concept rooted in decades of maritime innovation and expertise, developed for container transshipment and offshore port support –  with the modularization, constructability, and global execution model of MEYER Floating Solutions. The two companies aim to industrialize the design and delivery process by adapting the terminal concept to existing shipyard infrastructure worldwide.

“This is about turning vision into reality,” said Kaj Casén, CEO of MEYER Floating Solutions. “Our role is to translate this concept into something that can be manufactured efficiently and delivered globally – with a modular execution strategy that meets marine standards and project realities.”

The floating terminal concept has recently received Approval in Principle (AIP) from the marine classification society Det Norske Veritas (DNV), following a thorough third-party verification process. This formal classification milestone confirms the platform’s technical feasibility and readiness for further development toward real-world deployment.

Addressing a Global Infrastructure Challenge

Around the world, ports are under increasing pressure to expand capacity – yet face major barriers such as shoreline constraints, high land costs, lengthy permitting processes, and growing environmental restrictions. Traditional infrastructure is often too slow or disruptive to build, particularly in densely populated or ecologically sensitive areas.

The STFT floating terminal offers a flexible and scalable alternative. Designed to receive Ultra Large Container Vessels (ULCVs) offshore, the terminal enables efficient transshipment of cargo using a fleet of electrically operated feeder vessels. These feeders distribute containers to multiple onshore destinations, effectively bypassing the bottlenecks of traditional ports, heavily trafficked roads and decentralizing cargo flows. The approach supports both capacity expansion and emissions reduction – especially valuable for ports located in constrained or urbanized settings.

In addition to its logistics capabilities, the STFT terminal can also serve as a floating energy hub in regions where onshore energy infrastructure is limited or underdeveloped. The platform can integrate fuel supply systems, energy storage, and charging infrastructure to support vessel operations or supplement local energy networks – particularly in developing coastal regions, island nations, or remote port zones.

“With DNV’s AIP in place and a delivery model that aligns with shipyard realities, we are now in a strong position to offer this solution to forward-thinking ports, terminal operators and other stakeholders globally,” said Therese Lundquist, CEO of Sea Technology International AB. “This terminal helps unlock capacity, decentralize cargo handling, and provide essential infrastructure where traditional solutions can’t reach – with both business opportunities and the environment in mind ”

A Broader Vision: Floating Terminals for Cruise and Tourism Growth

In addition to logistics, floating terminals have the potential to reshape cruise infrastructure – especially as leading destinations confront the challenges of overtourism, port congestion, and increasing limits on vessel access.

When adapted for cruise use, these terminals can serve as offshore hubs located outside congested cities, helping manage passenger flows without burdening historic centers or vulnerable shorelines. More than just infrastructure, they can also become unique destinations in their own right, offering hospitality, leisure, and transit services directly on the water. Guests can be linked to multiple coastal attractions through well-managed shore excursions, helping to distribute visitor pressure, protect sensitive areas, and improve the overall cruise experience.

Floating infrastructure invites us to reimagine what’s possible,” said Casén. “It allows us to create meaningful places on water — for trade, for travel, for connection — in locations where traditional infrastructure simply can’t go.

About MEYER Floating Solutions

MEYER Floating Solutions Ltd. is part of the MEYER family group of companies, known globally for its shipbuilding heritage through shipyards in Finland and Germany. Drawing on this deep marine engineering legacy, MEYER Floating Solutions focuses exclusively on the design, modular construction, and delivery of alternative floating structures — from terminals and hotels to overwater real estate and infrastructure. Using a shipyard-adapted, offsite manufacturing model, the company delivers scalable, high-quality floating solutions that meet the growing demand for sustainable, relocatable, and innovative development on water.

About Sea Technology

Sea Technology, founded in 1972 by renowned naval architect Bengt Lundqvist, is a Swedish maritime engineering company with deep roots in innovation and ship design. With a career spanning decades, Lundqvist has led the development of groundbreaking vessels including oil tankers, RoRo ships, and the ACL-type transatlantic container-car carriers. The company has a long-standing relationship with Meyer Werft, dating back to the 1960s when the first modern RoRo vessels, Undine and Salome, were delivered by Meyer Werft to Wallenius Bremen in 1966 — based on arrangement drawings personally provided by Lundqvist from New York. He was directly involved in all stages, from design to launching and sea trials in Papenburg.

At the same time, Sea Technology oversaw the construction of sister ships Aida and Otello at Ekensbergs Varv in Sweden. The innovative large stern ramp used on these vessels laid the foundation for later ACL ship designs, replacing the technically complex trailer lifts of earlier concepts with longer, side-positioned ramps.

Today, Sea Technology is focused on next-generation port solutions, The Sea Tech Floating Terminal (STFT) – a scalable, floating terminal system designed to handle container transshipment and cruise operations in a sustainable and globally adaptable way.

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